Key Takeaways
- • Blanca Commercial Real Estate, a Miami-based brokerage, hired Charlie Russo, a former Nuveen Real Estate executive, as managing director of asset management and investment advisory.
- • The hire is intended to give Blanca institutional ownership experience of the kind large investors look for, according to CoStar.
- • Russo's appointment strengthens the firm's asset management and investment advisory business, which serves institutional clients.
- • The primary source is a paywalled CoStar report, so details beyond the appointment and the stated rationale are limited.
Summary
Blanca Commercial Real Estate has hired a former Nuveen Real Estate executive to lead its asset management and investment advisory business, according to CoStar. The Miami-based brokerage named Charlie Russo managing director of asset management and investment advisory, a role that positions the firm to offer institutional-grade ownership perspective to large investors.
CoStar characterizes the hire as giving Blanca the institutional ownership experience that large investors typically seek when selecting a commercial real estate adviser. Russo's background at Nuveen Real Estate, the real estate investment arm of Nuveen, is the basis for that positioning. The report does not disclose compensation terms, the size of the advisory mandates under management, or specific transactions tied to the appointment.
Tere Blanca is founder, chairman and chief executive of Blanca Commercial Real Estate. The appointment was reported on October 20, 2026. The full CoStar article is available only to subscribers, so further detail on the scope of Russo's responsibilities and the firm's asset management book was not available in the source reviewed.
CoStar characterizes the hire as giving Blanca the institutional ownership experience that large investors typically seek when selecting a commercial real estate adviser. Russo's background at Nuveen Real Estate, the real estate investment arm of Nuveen, is the basis for that positioning. The report does not disclose compensation terms, the size of the advisory mandates under management, or specific transactions tied to the appointment.
Tere Blanca is founder, chairman and chief executive of Blanca Commercial Real Estate. The appointment was reported on October 20, 2026. The full CoStar article is available only to subscribers, so further detail on the scope of Russo's responsibilities and the firm's asset management book was not available in the source reviewed.
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